Shifnal Cycles Ltd

Key Facts

Net Assets

Current: £9,208

Previous: £9,996

Change: -788 (-7.9%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £56,098

Previous: £8,704

Change: +£47,394 (+544.5%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £25,793

Previous: £18,700

Change: +£7,093 (+37.9%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £15,201

Previous: £8,704

Change: +£6,497 (+74.6%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £1,384

Previous: Not reported

Comment: Not reported

Turnover

Current: Not reported

Previous: Not reported

Comment: Turnover not reported for either period, which is common for micro‑entity and small business.

Employees

Current: 2

Previous: Not reported

Comment: Not reported